April 7 2015  |  International News

Global traffic strong in February, says IATA

By Wendy Morley

The International Air Transport Association (IATA) reports global traffic is up 6.2% over February of 2014. This is considerably higher than January’s year-on-year increase of 4.5%. The IATA suggests that February’s number was positively impacted by the Lunar New Year holiday, which occurred in February this year and January in 2014.

While Lunar New Year travel undoubtedly contributed to increased traffic growth in February, IATA’s Director General and CEO Tony Tyler states: “It is also clear that solid demand for connectivity is offsetting economic weakness in some regions including the Eurozone.”

Highlights of February’s statistics

Feb 2015 vs. Feb 2014

RPK Growth

ASK Growth

PLF

International

6.8%

5.7%

77.4%

Domestic

5.3%

5.3%

80.4%

Total Market

6.2%

5.6%

78.5%

 

YTD 2015 vs. YTD  2014

RPK Growth

ASK Growth

PLF

International

5.9%

5.7%

77.7%

Domestic

4.4%

4.6%

78.9%

Total Market

5.3%

5.3%

78.1%

International passenger demand rose 6.8% in February 2015 over February 2014. The only region that did not have growth reported by its airlines was Africa.

Unsurprisingly given the holiday, Asia-Pacific carriers saw the greatest increase in international travel, at 10.4% over the same month last year. Capacity rose 8.2% and load factor increased 1.6 percentage points to 78.2%.

In the Middle East, demand rose 8.7% in February over February 2014. Capacity shot up 11.0%, which caused the load factor to decrease 1.6 percentage points to 77.2%.

Latin American airlines jumped 7.4% in traffic over last February. Capacity increased 6.5% and load factor rose marginally to 79.7%, the highest in the world.

European airlines report an increase of 4.8% YOY. Capacity increased 3.4% and load factor rose 1.1 percentage points to 78.3%.

North American airlines saw a 3.5% increase over one year earlier. Capacity rose 2.3% and load factor was up 0.9 percentage points over February 2014.

Africa was the only region to see a decrease in international traffic. Carriers in that region saw a 2.0% drop YOY. ASKs dropped 1.7%, resulting in the lowest load factor of any region at 63.5%. The IATA suggests this was likely caused by adverse economic developments, including a severe drop in the price of oil. Nigeria is Africa’s largest economy and it relies heavily on this commodity

Brand News

January 25 2021

Infinium Spirits signs exclusive…

Infinium Spirits announces an agreement with premium spirits distributor, WEBB Banks, that will see the exclusive distribution…

By Laura Shirk

January 25 2021

The Macallan releases the latest…

The Macallan has revealed the next instalment of its iconic series that celebrates the classic advertising campaigns of the…

By Laura Shirk

January 20 2021

Shiseido TR celebrates Lunar New…

Shiseido Travel Retail celebrates the Lunar New Year with bestsellers from its portfolio of beauty brands: SHISEIDO, Clé…

By Laura Shirk

January 19 2021

Distell International launches…

Distell International, wines & spirits producer, launched a new wellbeing campaign for its UK employees that aims to lift…

By Laura Shirk

January 18 2021

FRAAS & Friends concept debuts…

During times of crisis, it is necessary to think and act long-term. With this in mind, FRAAS…

By Laura Shirk

January 11 2021

Jose Castellvi joins the team at…

​WEBB Banks, the leading premium wine and spirits distributor for travel retail, the Caribbean and Central America, has announced…

By Laura Shirk

January 11 2021

DFD partners with Oris to support…

​Duty Free Dynamics partnered with the prestigious watch brand, Oris, and Chef Andrés Morataya, in an effort to support local…

By Laura Shirk

January 7 2021

Rodenstock SS21 Collection: inspired…

With the tagline “inspired by the past, made for the future,” Rodenstock’s SS2021 Eyewear Collection shows that the brand…

By Laura Shirk

January 7 2021

Mondadori publishes “The 100 Prosecco…

On November 24, 2020, the book “The 100 Prosecco Recipes” by Sandra Bottega was released. Published by Mondadori, also in…

By Laura Shirk

Copyright 2021 DutyFree Magazine. All rights reserved. Privacy Policy Sitemap